Fitch Rates Sritex’s Proposed US Dollar Notes A+(idn)
Fitch Ratings Indonesia has assigned PT Sri Rejeki Isman, Tbk (SRIL IJ) proposed US dollar-denominated domestic medium-term notes due in 2020 a national Long-Term Rating of A+(idn). The Indonesia-based company expects to utilise the proceeds from the notes to refinance its bank.
Read More...Bank OCBC NISP Net Profit IDR1.7Trn
PT Bank OCBC NISP, Tbk (NISP IJ) reported positive growth performance during 3Q17, even though the condition of the economy is still quite challenging. Company was able to obtain a net profit increase of 23% to IDR1.7trn from IDR1.4trn in the same period 2016. In the midst of external conditions is still quite challenging in.
Read More...Triwira Insanlestari Revenue Worth IDR10.50Bn
PT Triwira Insanlestari, Tbk (TRIL IJ) reported its revenue worth IDR10.50bn during 3Q17, or higher than compare to same period 2016. The revenue was supported by increasing domestic sales compared to the same period 2016. While the largest market sales reported in Kalimantan worth IDR2.53bn, Jakarta IDR1.94bn, and Pekanbaru.
Read More...Mulia Divestment its Subsidiary
PT Mulia Industrindo, Tbk (MLIA IJ) decide to terminate its ceramics business with divestment its subsidiary, namely PT Muliakeramik Indahraya, to PT Eka Gunatama Mandiri worth IDR425bn. Company signed a deed of transfer of the shares as much as 799.2 million shares, or equivalent 99.9% ownership in Muliakeramik to Eka Gunatama, on October 23, 2017..
Read More...Bank Panin Net Profit IDR2.19Trn
PT Bank Panin, Tbk (PNBN IJ) reported its net profit worth IDR2.19trn in 3Q17, or higher 22.39% compare to same period 2016 IDR1.79trn. The net profit increase was supported by growth in net interest income reached IDR6.43trn (+3.2% YoY), and fee based income worth IDR1.31trn.
Read More...The IPO Schedule of Wika Gedung
PT Wijaya Karya Gedung, a subsidiary of PT Wijaya Karya (Persero), Tbk (WIKA IJ), is planning its first stock offering (initial public offering, IPO) in the bookbuilding period starting Thursday, October 26, 2017 until Tuesday, November 7, 2017. Wika Gedung estimated listed its shares in Indonesia Stock Exchange (IDX) on November 30, 2017. While initial.
Read More...Bank Jatim Net Profit Reach IDR1Trn
PT Bank Pembangunan Daerah Jawa Timur, Tbk (BJTM IJ) registered a net profit of IDR1.01trn as of September 2017. The realization growing 21.18% YoY compared to same period 2016, and supported by net interest income (NII) amounting 3.38% to IDR2.62trn. While, company’s interest income recorded a decrease of 0.38% to IDR3.58trn. However, interest expense was.
Read More...Wika Realty Issues MTN Worth IDR500Bn
PT Wijaya Karya Realty, a subsidiary of PT Wijaya Karya (Persero), Tbk (WIKA IJ) will issue medium term notes (MTN) worth at IDR500bn with coupon rate at 9.75%. The MTN was electronically distributed on October 24, 2017, where the date of the first interest payment on January 24, 2018. The MTN with a tenor of.
Read More...Bank Dinar Expect the Acquisition Completed This Year
PT Bank Dinar, Tbk (DNAR IJ) expect the acquisition process by APRO Financial that can be realized by the end of this year, followed by the injection of additional capital in order to increase the capacity of the capital. Initially, APRO Financial planned prepares capital worth IDR691bn to acquire Bank Dinar. After acquiring, APRO planned.
Read More...Protech Mitra’s Net Profit Depressed by Construction Services Expense
PT Protech Mitra Perkasa, Tbk (OASA IJ) successfully recorded an increase in sales and revenue services in 3Q17. Unfortunately, the increased cost of good sold and revenue services press company’s net profit in this period. Company recorded an increase in sales and revenue service 36.18% to IDR16.64bn in 3Q17, compare to same period 2016 worth.
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